Year: 2020

After the coronavirus fears subside and the U.S. counts the economic toll, the legalization of cannabis is a potential beneficiary. Most states have huge budget deficits with an eye on legalization of especially recreational cannabis as a major source of new tax revenues.One state pushing forward with recreational cannabis approval is New York. Governor Andrew Cuomo is one of the few governors pushing aggressively for approval and the state would probably be very close to legalization, if not for the ongoing setback from COVID-19.The flip side of this setback is the need for cannabis tax revenues is further enhanced by …read more […]

(Bloomberg) — The Twitter accounts of some of the U.S.’s most prominent political and business leaders, from Barack Obama and Joe Biden to Bill Gates and Warren Buffett, were hacked Wednesday afternoon in an apparent effort to promote a Bitcoin scam.The attacks were stunning in scope and almost certainly coordinated. Others whose Twitter accounts appeared to be hacked included Jeff Bezos, Elon Musk, Kanye West, Uber Technologies Inc., Apple Inc. and Michael Bloomberg, the founder and majority owner of Bloomberg News parent Bloomberg LP. The accounts sent out tweets promising to double the money of anyone sending funds via Bitcoin …read more […]

John Grace, Founder and President of Investor’s Advantage Corp., joins The Final Round to highlight what bank earnings means for investors and his outlook for the second half of 2020.
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Twitter’s thin veil of security went into full meltdown at 19:00 UTC on Wednesday. Within hours, even Barack Obama’s account was compromised. …read more […]

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Yahoo Finance’s Rick Newman joins The Final Round to break down a recent poll taken by Quinnipiac University saying that Biden’s lead widen over Trump by 15 points, holding 52% over Trump’s 32% from the poll’s data. …read more […]

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Over the next decade, the clean energy sector will soak up between $8 trillion and $16 trillion in new capital.
And the switch from fossil fuels to renewable energy could create somewhere between $1 trillion and $2 trillion in annual capital expenditures.
This is great for the environment. And it’s great for the economy too.
Renewable energy and technologies like green hydrogen have matured. And that makes them commercially viable and deployable at scale.
The federal government still doesn’t recognize the opportunity here. But many U.S. companies do.
They are gearing up to decarbonize the energy value chain. And that’s attracting a lot of capital.
Piling …read more […]

The three major averages finished higher on Wednesday, after a strong set of earnings results from companies such as Goldman Sachs and UnitedHealth before market open added to earlier hopes for a coronavirus vaccine after news from Moderna. The Dow Jones Industrial average and Russell 2000 both logged their sixth straight day of gains. The Final Round panel discusses the day’s market action. …read more […]

Wealth creation is a goal that almost every adult American has. But so few people know how to go about it. In fact, many people don’t really know what it means.
In this article, we will discuss what wealth creation is, why so many people struggle to achieve it, and how to make it happen for you. I will also provide more resources for you to continue to delve even deeper into the topic.
Wealth creation isn’t a great mystery. Hopefully, by the time you finish reading this article you will feel that you can do it, and that you will be …read more […]

Fisker announced it would merge with Spartan Energy Acquisition Corp. in a deal that would value the company around $2.9 billion. Fisker Inc. Founder and CEO Henrik Fisker joins The Final Round panel to discuss the electric car industry amid the coronavirus. …read more […]

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(Bloomberg) — The remarkable rebound in U.S. equities from the depths of the Covid-19 crisis in March faces a fresh test in coming weeks, with the American economy set for a withdrawal of a key stimulus support.The average unemployment benefit for Americans put out of work will tumble by more than 60% at the end of July, hobbling the incomes of millions of laid off workers — many of whom may not be able to return to their jobs given the renewed shutdowns now affecting swaths of the economy from California to Florida.Stocks have proven resilient to plenty of bumps …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]